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Oil prices edge higher amid Gaza strikes and US-China trade deal hopes

- Geopolitical tensions and policy moves shape global oil markets, limiting price gains despite supply concerns

09:48 Oil

Oil falls as OPEC output plan outweighs optimism over US-China trade talks

- OPEC+ plans modest output hike in December, extending its gradual rollback of supply cuts

28.10.2025 Oil

Türkiye's oil imports down 1% in August

- Crude oil imports show 8.6% rise in August to 2.87 million tons, latest data shows

28.10.2025 Oil

Russia's oil supplies to India remain high

- Energy minister says India continues as key partner for Russia in energy sector

27.10.2025 Oil

Oil edges higher as US-China trade talks yield progress

- Market optimism grows amid easing global economic concerns and Fed rate cut expectations

27.10.2025 Oil

US oil rig count up by 2 for week ending Oct. 24

- Number of US oil rigs down by 60 compared to one year ago

25.10.2025 Oil

China slams EU over fresh Russia sanctions, says dialogue 'only viable way' out of Ukraine war

- ⁠Beijing's reaction comes just after EU placed fresh sanctions on Chinese entities due to ongoing war in Ukraine

23.10.2025 Oil Energy Diplomacy

Zelenskyy welcomes new US sanctions on Russia’s oil giants

- Ukrainian leader says move sends ‘strong and much-needed message’ that 'prolonging the war and spreading terror come at a cost'

23.10.2025 Oil Energy Diplomacy

Brent crude rises over 2% after US sanctions on Russian oil giants

- US includes Rosneft, Lukoil, and dozens of affiliates on its sanctions list, citing "a serious lack of commitment" by Moscow to advancing peace talks

23.10.2025 Oil

EU lauds US move to sanction major Russian oil companies

- ‘With the imminent adoption of the EU’s 19th package (of sanctions), this is a clear signal from both sides of the Atlantic that we will keep up collective pressure on the aggressor,’ says Ursula von der Leyen

23.10.2025 Oil